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$268,000

NAL Estimated Property Value

5642 Craig St, Houston, TX, 77023

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,608 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.47 / sqft
Year BuiltBuilt in 1939

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
FlooringWood

Exterior

Lot Size10,001 sqft

Building Information

Year Built1939
Stories2
Garage Spaces1

Land Information

APN0600620100006
Lot Number6,7
SubdivisionSunnylan
Land UseResidential
Legal DescriptionLTS 6 & 7 BLK 10 SUNNYLAN
Census Tract310700
Assessed Land Value$155,000
Assessed Improvement Value$108,539
Assessment Year2025

About this property

Calling all Investors! Discover the perfect blend of space and location with this 3-bedroom home nestled on a sprawling 10,000 square foot lot in the sought after East End neighborhood of Houston, TX. The potential for this home is endless. This can be a great investment for future development. Conveniently located near Highway 45, making the commute to downtown Houston a breeze. Don't miss this incredible opportunity to own a spacious home on a generous lot in one of Houston's most exciting neighborhoods. This property is being sold AS-IS. Schedule a viewing today!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$172,637Estimated Mortgage Balance
$95,363Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$116/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$53
$263,539
2025
$155,000
$108,539
$263,539
No

Tax History

Year
Tax Paid
Assessed Value
2024
$53
$263,539

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$176,000
No
First
Apr 25, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,637
$90,902
34%
64%
$1,056/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,056/mo
+$666/mo
7.7%

City: Houston

5642 Craig St | Property Details | No Agent List